Green Finance Paradigm Shift in Financing Green Projects

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Author(s): S. Sandhya Bhandary (Manjunatha Pai Memorial Government First Grade College, Karla, India), Anjali Ganesh (St. Joesph Engineering College, Mangalore, India)and M. Dharmananda (Nitte Meenakshi Institute of Technology, Bengaluru, India)
Copyright: 2025
Pages: 12
Source title: Organizational Risks, Challenges, and Barriers in Developing Sustainability Start-Ups
Source Author(s)/Editor(s): Kyla Latrice Tennin (College of Doctoral Studies, University of Phoenix, USA)and A. B. Mishra (International Institute of Management Studies, Pune, India)
DOI: 10.4018/978-1-6684-9872-9.ch010

Keywords: Business Science Reference / Entrepreneurship / Environment & Agriculture / Sustainable Development

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Abstract

Funding of green projects requires massive finance. The rising concerns on identifying and developing alternative sources of energy, sustaining the ecological balance through energy replenishment and protecting environment, reduction of green house gas formation and carbon emissions are superordinate goals. The policy makers across the globe are concerned about the rising global temperature and attempts are made at addressing carbon emissions by countries through the carbon credit mechanism. However, this is an arduous path as there is lack of awareness and knowledge amongst the public unaware of their contributions to gas emissions. This secondary research paper focuses on the crucial role of governments in monitoring and regulating the green finance sector. This chapter throws light on the various facets of government in channelizing and monitoring the funds under the green umbrella and additional measures to promote green financing.

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Green Finance Paradigm Shift in Financing Green Projects

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